NOT LISTED FOR SALE

Estimated Value: $1,444,000 - $1,822,000

0.28 Acre
$5,674,017 Price per Acre
12,232 Sq Ft Lot

Last Sold April 30, 2024

Last sale price $1,500,000 $1,736 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,337/month

38 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Level Lot
  • Buena Vista Elementary Rated A

About This Lot

As of April 2024

Development Opportunity! Value of this property is in the land, location and the R3 zoning for multiple units. If you are familiar with Olde Carlsbad, then you will recognize this property as the location of one of the original daycare centers owned for many years by a long time Carlsbad family. Located on a spacious lot of .27 acres in the heart of Carlsbad Village. This offers so much potential for those looking to develop a custom Southern California residence or multi-family units. The flat topography along with the location of being minutes to the beach, restaurants, brewery's, shopping, park, easy access to the freeway and in the highly rated Carlsbad Unified school district makes this ideal for any investor. The 864 sq. ft. structure has good bones and can be easily converted back to a home. This zoning allows for 8-15 dwelling units per acre but it is recommended to check with the City of Carlsbad Planning Department for specific details on zoning and usage.

Last Agent to Sell the Property

Lisa Pahl

Allison James Estates & Homes Brokerage Email: lisapahl2@yahoo.com License #01416424 Listed on: 10/11/2023

Allison James Estates & Homes

Last Buyer's Agent

Greg Gardner

HomeSmart Realty West License #01379440

Property Details

Property Type

  • Land

Lot Details

  • 0.28 Acre Lot
  • Level Lot
  • Value in Land
  • Property is zoned R-3 Restricted Multiple

Additional Features

  • Neighborhood Views
  • Suburban Location

Community Details

  • No Home Owners Association
  • Csbw Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1552511900

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Assessments: No
  • View: Yes
  • Zoning: R-3 Restricted Multiple
  • Property Type: Land
  • Parcel Number: 1552511900
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 122.65

Exterior Features

  • View: Neighborhood
  • Fence: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Level, Value In Land
  • Lot Size Sq Ft: 12230.00
  • Lot Size Acres: 0.2808

Multi Family

  • Lot Size Area: 12230.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Apr 30, 2024
Sold by
Garcia John Edward and Livi Eliza
Bought by
2502 & 2518 Jefferson Llc
Seller's Agent
Lisa Pahl
Allison James Estates & Homes
Buyer's Agent
Greg Gardner
HomeSmart Realty West
List Price
$1,500,000
Sold Price
$1,500,000
Views
36
Current Estimated Value
$1,593,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,264
Avg. Annual Appreciation
3.82%
Original Mortgage
$1,200,000
Outstanding Balance
$1,180,450
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$412,814
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
2502 & 2518 Jefferson Llc $1,500,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2502 & 2518 Jefferson Llc $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2024 04/30/24 Sold $1,500,000 0.0% $1,736 / Sq Ft
04/30/2024 04/30/24 Sold $1,500,000 0.0% $1,736 / Sq Ft View Prior Sale
12/21/2023 12/21/23 Pending -- -- --
12/20/2023 12/20/23 For Sale $1,500,000 0.0% $1,736 / Sq Ft
11/18/2023 11/18/23 Pending -- -- --
11/18/2023 11/18/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $1,500,000 0.0% $1,736 / Sq Ft
10/06/2023 10/06/23 For Sale $1,500,000 -- $1,736 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,471 $1,530,000 $1,387,200 $142,800
2024 $11,471 $1,071,000 $969,000 $102,000
2023 $672 $53,681 $36,833 $16,848
2022 $662 $52,629 $36,111 $16,518
2021 $658 $51,598 $35,403 $16,195
2020 $654 $51,069 $35,040 $16,029
2019 $644 $50,068 $34,353 $15,715
2018 $620 $49,087 $33,680 $15,407
2017 $90 $48,125 $33,020 $15,105
2016 $587 $47,182 $32,373 $14,809
2015 $585 $46,474 $31,887 $14,587
2014 $578 $45,565 $31,263 $14,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2307957

California Regional Multiple Listing Service (CRMLS)

APN: 155-251-19